Popular Vintage Tea Room in North Yorkshire

Knaresborough, North Yorkshire
REF: R07310

Asking Price:
£65,500
Annual Turnover:
£76,000
Annual Net Profit:
£27,538
REF: R07310

Overview

Tenure:
Leasehold
Established:
TBC
  • Central, accessible location
  • Array of homemade food
  • Dog and child friendly rooms
  • Loyal customer base
  • No similar competition

The business for sale is a 1940s vintage tearoom in a peaceful town location in North Yorkshire.

Established 15 years ago, the tearoom has gone from strength to strength. The current owner has grown the business through the introduction of its unique offering and décor - which aligns perfectly with the 1940s era.

Serving homemade cakes, scones, sandwiches, salads and soups whilst specialising in vegetarian, vegan and gluten free foods, the tearoom draws in a large following who return regularly to relax in its cosy, homely setting.

With its varied menu, welcoming interior and great service, the tearoom caters for all ages; both young and mature clients looking for a 1940s experience or to reminisce about their younger years. The tearoom regularly hosts parties as well as high teas for those special occasions.

Now only up for sale due to personal circumstances, an interested buyer would acquire a very well-equipped premises and an excellent reputation within the local community.

The business is in an attractive cobbled courtyard, with 3 tables and chairs and a range of flower tubs. The interior features local photographs, memorabilia and décor from the 1940s. To the left is a children’s room with toys, games and a vintage rocking horse, with two tables seating 10 guests. To the right of the entrance is a dog friendly room full of books which seats 9 – including two comfortable armchairs. Further on is a storage room and fridge. To the right is a fitted kitchen used for food preparation. From the front door a staircase leads up to the main seating area of 16 clients, complete with a music licence to truly set the scene.

The sale includes a 1930s vintage record player. Little marketing is needed due to the restaurant’s prime location, but nonetheless a Facebook page shows brilliant reviews and an impressive following of around 600 people.

The current owner would be willing to stay on for a transitional period in order to hand the business over smoothly.

This is a great opportunity to purchase a well-established business, which is widely recognised in the community for its unique thematic offering and location in the heart of the tourist town of Knaresborough. This unique opportunity would be perfect for a first-time operator or partnership, or an experienced industry professional looking to further develop the tea room.

Extending the days of operation, including Monday and Tuesday, as well as opening past 4:30pm, would be a great way to get more customers through the door during a day of trading. Opening on evenings for events and themed nights would also help to grow exposure, as well as the overall turnover.

Broadening its menu to do full meals and hot food would also help boost sales.

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  • Town centre location
  • Rural surroundings
  • Heavy footfall
  • Proximity to local businesses and tourist attractions
  • Peaceful setting
Rent
£8,100
Rates
TBC
Lease Term
10
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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